Ken and Kathryn Chenault donated $1 million, half of which will go toward the Dr. Hortenius Chenault Endowed Chair in Math and Science and the other half will support the restoration of the college’s Martin Luther King Jr. International Chapel. from Harvard Law School. Mr. Chenault hopes to help companies not just make long-term plans, but to think about their role in society. Kenneth Chenault. New York City also serves as an important site of giving. Of American Express Kenneth Chenault attends the 2017 Gordon Parks Foundation Awards Gala at Cipriani 42nd Street on June 6, 2017 in New York City. Kenneth went to the Waldorf School of Garden City, and later studied at the Bowdoin College, from where he graduated with a BA degree in history in 1973. Chenault and wife, Kathryn, are founding donors to the Art for Justice Fund, which aims to reduce prison populations and strengthen e… Kenneth Chenault, former leader of American Express and currently chairman of one of the leading venture capital firms in Silicon Valley, will offer his insights and opinions on global business, the American economy and more when he keynotes the Executive Leadership Forum, an effort by the State University of New York at Old Westbury to bring icons of American business to Long Island. Chenault serves as chair of the Smithsonian Institution’s Advisory Council for the National Museum of African American History and Culture. W.E.B. Chenault joined the advisory council in 2004 and became chairman of the capital campaign committee in 2012. Attend The Gordon Parks Foundation 2019 Annual Awards Dinner And Auction... Kenneth Chenault Jr. Attends the 2017 Gordon Parks Foundation Awards Gala at Cipriani 42nd Street on June 6, 2017 in New York City. FILE PHOTO: American Express Chairman and CEO Kenneth Chenault gestures during the White House summit on cybersecurity and consumer protection in Palo Alto, California February 13, 2015. Perhaps the family will establish a formal charitable vehicle in the coming years. C. Presentation - 2016-2017 Countywide CLASS Results – Ms. Alexis Briggs 22-24 D. Governing Board Minutes – June 1, 2017 25-34 The General Catalyst managing director is … A New Fund Looks to Support Women Workers in Global Supply Chains, “She’d Like You to Do More, Faster.” MacKenzie Scott’s Support for Latino Communities, Prenatal to Three: How the Pritzker Children's Initiative Is Backing Early Learning, Apex Donor: Five Concerns We Have About MacKenzie Scott's Groundbreaking Giving, How Kat Taylor and Taj James Are Challenging Philanthropy to Take Bolder Steps to Shift Power. Since completing his service as a JANY Board Member, Mr. Chenault remains committed to encouraging our youth to achieve. "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting educational institutions, the arts and health care. In 2007-08, Chenault received total compensation of $90 million as the CEO of American Express. Sign up for our email updates. But Billionaire Donors Are Here to Stay—and Can Do Good, Banks Started Giving Early on in Response to COVID-19—and the Pledges Keep Coming. An interview with Kenneth Chenault, CEO at American Express. Wall Street Greens: The Top Givers to Environmental Causes from Finance. To learn about other big donations, see our database of gifts of $1 million or more, which is updated throughout the week. Maria directs the annual Philanthropy 50, a comprehensive report on America’s most generous donors. Other grantees have included WNET, Lincoln Center for Performing Arts, MoMA, and Central Park Conservancy. Du Bois and Martin Luther King Jr. … She’s a trustee of Studio Museum in Harlem, which the couple supports. Kathryn C. Chenault is married to Kenneth I. Chenault. The Art for Justice Fund already has the support of heavyweight art collectors like Whitney Museum chairwoman Laurie M. Tisch, American Express chairman Kenneth Chenault … The professorship is named for Ken Chenault’s late father, a Morehouse alumnus. What’s the Deal With This Billionaire’s Giving? Sheila Jellison and her daughters gave $16 million through the family’s Brian and Sheila Jellison Family Foundation to create high-tech studios that will provide online students in the Kelley Direct M.B.A. and M.S. He is the former Chairman and Chief Executive Officer, American Express Company (April 2001 to January 2018), a $24 billion financial services company. He was the third African-American to become CEO of a Fortune 500 company. Kenneth Chenault, CEO and Chairman, American Express will receive the Business Leader of the Year Award. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. Ken Chenault is chairman and managing director of General Catalyst Partners, a venture-capital firm. They’ve also supported places like Council on Foreign Relations. The awards were presented at MAS’s 125 th Anniversary Gala on June 6 at Bay Room at 28 Liberty, the first event to be held in the new space. LOOKING FORWARD: The Chenaults should be watched for greater giving in their native New York City in particular. On November 15, 2010, Old North Foundation recognized Chenault with its Third Lantern Award for individual commitment and dedication to public service. FUNDING AREAS: Arts & Culture, Education & Youth, New York City Community. They’ve given more than $1 million to National Museum of African American History and Culture. The evening is co-chaired by Kenneth and Kathryn Chenault, Valerie Jarrett, Alicia Keys and Kasseem Dean, Judy and Leonard Lauder, Ronald O. Perelman, and Alexander Soros. They’ve given more than $1 million to National Museum of African American History and Culture. Du Bois Medal Award Ceremony at Harvard University on October 11, 2018 in Cambridge, Massachusetts. When Kenneth I. Chenault steps down as the CEO of American Express early next year, he’ll have at least one activity to fill his recently-opened schedule: searching for Harvard’s 29th president. The building will be named for the donors. He was named President of the Consumer Card Group in 1989, and in 1993 he became President of Travel Related Services (TRS), which encompassed all of American Express’ card and … David Roux co-founded Silver Lake Partners, a private-equity firm, and early in his career, Datex, the first commercial CD-ROM publishing company. The Foundation honored Chenault and American Express for their significant contributions to the preservation efforts of many significant monuments and landmark structures, including the steeple of the Old North Church. REGULAR MEETING OF THE HEAD START/EARLY HEAD START PARENT ADVISORY COMMITTEE. The Chenaults have also supported Pratt Institute, where Kathryn sits on the board and received an honorary degree. In 2008, amid a global credit crisis and a worldwide economic slowdown, the U.S. Federal Reserve System approved American Express’s application to become a licensed bank holding company . How Will Walton's New Five-Year Plan Impact K-12 Education? So Boring Yet So Controversial. ... One is integrity, the foundation of trust. A “Scientist at Heart,” This Financial Services Billionaire Focuses on Tech and Society, Vast Wealth, Growing Giving: These Are the Top Philanthropists from Private Equity. On November 15, 2010, Old North Foundation recognized Chenault with its Third Lantern Award for individual commitment and dedication to public service. Chenault became President and Chief Operating Officer in February 1997. He served as chairman and chief executive of American Express from 2001 until he retired from that post in 2018. LOCATION: SETA Board Room . 16K likes. It also helped me to focus on the underlying importance of beliefs and values that are the foundation of good leadership." He joined American Express in 1981 as director of strategic planning. He is also an Angel Investor. His father, Donald Pritzker, founded the Hyatt hotel chain. The change was disclosed in Berkshire’s annual proxy filing, ahead of its scheduled May 2 annual meeting. Chenault talks to LBSR about American Express's service ethic and his leadership priorities. Second is the ability to create a galvanising vision. in history from Bowdoin College and a J.D. A roundup of notable gifts compiled by the Chronicle: David and Barbara Roux pledged $100 million to launch the Roux Institute, a new graduate education and research campus in Portland, Me., that is scheduled to open later this year. ARTS & CULTURE: The Chenaults are founding donors of the Smithsonian’s National Museum of African American History and Culture, having donated at least $1 million prior to the museum’s opening. Mr. The billionaires Michael and Susan Dell pledged $100 million through their Dell Foundation for a program aimed at closing the gap in college-graduation rates across income levels. While the SETA/Head Start Policy Council welcomes and encourages participation in the Council … He rose through the ranks of the company, including serving as vice chairman and president and COO, until his appointment as CEO. A Look at Top Givers from Private Credit, What the Right Hand is Doing: The Paradoxical Giving of a Billionaire Mega-Donor, A Blockbuster Gift From T. Denny Sanford Attacks the High Cost of College Education, How and Where Chris and Keena Clifford Focus Their Giving in Massachusetts, A Wall Street Winner Aims to Make Giving More Transparent and Personal, From Adolescence through College: A Donor Keys in on Mental Health and More on Campus, Crypto Giver: What to Expect From This Young Billionaire's Philanthropy, “We Roll-Up Our Sleeves.” What a Hands-On Giver is Doing to Foster Human Kindness and More, Downsides: A Couple’s Support for Anti-Vaxxers Exposes a Dangerous Flaw of Philanthropy, In Past Ties Between Leslie Wexner and Jeffrey Epstein, Troubling Questions About Elite Philanthropy, With Ties to a Top Donor and a Trail of Gifts, the Epstein Scandal Reaches Into Jewish Philanthropy, Doing and Seeing: Barbara Dalio’s Immersive Approach to Education Philanthropy, Up Against Wall Street: How This Little-Known Hedge Funder Backs Financial Reform, Car Fighter: A Donor Goes All in to Build the Livable Streets Movement, Inside the New Billionaire War on Poverty, Fallout: The Jewish Philanthropy World Reacts to Allegations Against a Top Donor, Quant Philanthropy: Tapping Hedge Fund Riches, a Data-Driven Couple Ramps Up Their Giving. Facebook is showing information to help you better understand the purpose of a Page. Ken Chenault, Kathryn Chenault, Carol Sutton Lewis and William M. Lewis Jr. All large corporations have a social responsibility, Mr. Chenault has explained, adding that philanthropy is one way to fulfill that obligation, as well as, time providing opportunities for employees to volunteer. Kenneth I. Chenault is sole chairman and general partner, of the venture capital firm General Catalyst. Kenneth I. Chenault Chairman and Managing Director, General Catalyst. The family has also supported Chenault’s school Waldorf School of Garden City and Harlem Children’s Zone. He also serves on the Board of Airbnb and Chief. The money will also be used to create a financial-literacy course series, as well as a program to help freshman business students identify their strengths and interests. Facebook board member Kenneth Chenault is stepping down, the latest in a series of recent big moves on the board of directors. Programs at the institute will focus on the practical application of artificial intelligence and machine learning in the digital and life sciences to prepare people for high-demand jobs and drive research. Is This the Future of Wall Street Philanthropy? Self-Sabotage: Climate Philanthropy’s Mistrust of Communities of Color Must End Now. EDUCATION & YOUTH: The couple have given steady support to Morehouse College in Atlanta, from where Chenault’s late father, Hortenius, a dentist, graduated. About          Contact         Help         Login         Privacy Policy       Terms of Use, Even Before the Pandemic Hit, Corporate Giving Was on the Rise, Future of Big Philanthropy: 15 Heirs of Top Mega-Givers to Watch Closely, How Leading Black Philanthropist Robert F. Smith is Taking on Racial Disparities in Prostate Cancer, “The Dignity of the Individual.” A Wall Streeter’s Focus on Human Rights and Equity, Scrutiny of Donors and “Reputation Laundering” is Growing Thanks to COVID and Protests, Stronger Government is a Must. Johnson, who died last year at 89, co-founded Johnson Products, one of the first hair-care brands developed for African Americans and the first Black-owned business traded on the American Stock Exchange. He is also currently chairman and managing director of General Catalyst, a venture capital firm. Philanthropy. As of February 2021, Kenneth Chenault has an estimated net worth of more than $120 million. The money will go toward expanding individualized support services for all Pell-eligible students at UT Austin and additional financial support for those students who need it. Together they founded Environmental Systems Research Institute, a digital-mapping company. Public Figure. Kathryn, meanwhile, has an interest in supporting educational institutions, the arts, and expanding opportunities for young people. JA New York’s relationship with American Express began nearly 20 years ago when CEO and Chairman Kenneth Chenault served on the JA New York Board of Directors for seven years (1995-2002). 925 Del Paso Blvd. - KENNETH CHENAULT, CEO and Chairman of American Express, Waldorf Alumn. Kenneth Chenault joined American Express in September 1981 as Director of Strategic Planning. OVERVIEW: Kenneth and Kathryn Chenault do not appear to have a formal charitable vehicle. Black Fraternity, Packed With Past Greats, Looks To Build Future Leaders Past members of Sigma Pi Phi include W.E.B. In today’s economy, engagement is the name of the game for corporate philanthropy. Great corporate philanthropy begins at the top with inspired leadership. He made this huge fortune through his successful career as a business executive. DATE: Tuesday, September 19, 2017 . That is the oldest Black fraternity in the U.S. and a professional one, meaning Black men must have reached the highest level of power and prestige in their field to be invited to join. New York City also serves as an important site of giving. Joan Johnson left $1 million to back scholarships for students majoring in STEM fields and to help pay for classroom renovations. NEW YORK American Express Company (NYSE:AXP) said today that its Board of Directors has appointed Stephen J. Squeri Chief Executive Officer and elected him Chairman of the Board, each effective February 1, 2018. OVERVIEW: Kenneth and Kathryn Chenault do not appear to have a formal charitable vehicle. As a managing director at General Catalyst, Kenneth Chenault focuses on investing in fast-growing companies that have the potential to become large, fundamental institutions. Jellison is the widow of Brian Jellison, an IU alumnus who led Roper Technologies, which designs software and other products, from 2001 until his death in 2018. Who’s Funding This Controversial Field? Kathryn, a former practicing attorney, served as vice president of corporations and foundations for the United Negro College Fund, which the couple has supported. Sacramento, CA 95815 . Mr. Chenault is Chairman of the National Museum of African American History and Culture, a member of The World Trade Center Memorial Foundation, and a trustee of the NYU Langone Medical Center.